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1080 East Lincoln Highway

Georgia Investment Group Acquires The Sherwin-Williams Center In New Lenox For $2.6M
SOLDRetail

Georgia Investment Group Acquires The Sherwin-Williams Center In New Lenox For $2.6M

1080 East Lincoln Highway

$2,600,000

Building Size

Asset Type

Retail

Closing

Jan 22, 2026

AI

The Sherwin-Williams Center is a two-tenant retail property located at 1040-1080 East Lincoln Highway in New Lenox, Illinois. The asset was sold for $2.6 million and is leased to Sherwin-Williams and Don Jose’s. It is noted as a retail property in the New Lenox market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,600,000
  • Address: 1040-1080 East Lincoln Highway
  • Market: New Lenox
  • Broker: Jason St. John - Greenstone Partners
  • Acquirer: Georgia-based investment group

Jason St. John represented the property in this transaction through Greenstone Partners, facilitating the sale to the investment group based in Georgia.

Players

Jason St. John

Greenstone Partners

Broker

$200.7M

vol

26 deals

Broker

New Lenox Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93